American Stories Entertainment Inc.
View this filing on EDGAR (filing index, accession 0001840495-24-000002) | All Form C filings by this company on EDGAR
Filing details
| Company | American Stories Entertainment Inc. | (Form C, issuer information) |
|---|---|---|
| State | FL | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2024-12-05 | (EDGAR filing index) |
| Date of incorporation | 2020-12-16 | (Form C, issuer information) |
| Employees | 3 | (Form C, issuer information) |
| Security offered | Other Class B Common Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $2,499 | (Form C, offering information) |
| Maximum ask | $2,250,000 | (Form C, offering information) |
| Offering deadline | 2025-04-01 | (Form C, offering information) |
| Platform compensation | Issuer will receive 4.9% of the final raised amount, $1,500 upon the commencement of the campaign, and $1,000 payable to PicMii after the issuers first disbursement. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $770,053 | $243,539 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | $363,358 | -$226,697 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $417 | $3,486 | (Form C, financial summary) |
| Accounts receivable | $342 | $342 | (Form C, financial summary) |
| Total assets | $2,001,493 | $1,355,973 | (Form C, financial summary) |
| Short-term debt | $38,200 | $25,000 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001818274-25-000013, 0001818274-25-000015, 0001840495-24-000002, 0001840495-25-000001, 0002078579-25-000001.
"NOTE 2 - BASIS OF PRESENTATION AND GOING CONCERN Basis of Accounting The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States."
"NOTE 2 - BASIS OF PRESENTATION AND GOING CONCERN Basis of Accounting The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001818274-25-000013, 0001818274-25-000015, 0001840495-24-000002, 0001840495-25-000001, 0002078579-25-000001.
"Additional issuances of securities Issuer repurchases of securities A sale of the issuer or of assets of the issuer Transactions with related parties The authorization and issuance of additional shares of the company's common stock will dilute the ownership of the crowdfunding investors."
"Additional issuances of securities Issuer repurchases of securities A sale of the issuer or of assets of the issuer Transactions with related parties The authorization and issuance of additional shares of the company's common stock will dilute the ownership of the crowdfunding investors."
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Other Form C filings by this company in our data
Company website as listed in the Form C: https://www.americanstoriesentertainment.com/
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